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Month: August 2021

Amber Grid Group Consolidated Operating Results for the 1st half of 2021

AB Amber Grid, legal entity code: 303090867. Address: Savanorių pr. 28, LT-03116 Vilnius, Lithuania. Amber Grid delivers consolidated results of the Group consisting of AB Amber Grid and UAB GET Baltic for the 1st half of 2021 prepared according to the International Financial Reporting Standards: • Revenue for the 1st half of 2021 – EUR 31.6 million (the 1st half of 2020 – EUR 24.9 million);• Profit before tax for the 1st half of 2021 – EUR 11.6 million (the 1st half of 2020 – EUR 5.6 million);• Net profit for the 1st half of 2021– EUR 12.5 million (the 1st half of 2020 – EUR 7.4 million). EBITDA (earnings before interest, taxes, depreciation and amortisation) for the 1st half of 2021 amounted to EUR 17.8 million, an increase of 55.6% in comparison with the 1st half of 2020 (EUR 11.4 million). Attached:1. AB Amber Grid condensed consolidated...

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Yet another solid set of results for ILLIMITY

NET PROFIT of 14.9 million euro in the second quarter of 2021(+18% over 1Q21)taking the net result for the half-year to 27.4 million (+85% vs. 1H20) Growth in volumes, significant profits from dynamic management of distressed credit, improvements in operating leverage drive the results 2021-25 Strategic Plan targets presented in June confirmedGrowth Credit Division: highly dynamic quarter with net customer loans rising by 16% over the previous quarter (+64% y/y) to 1 billion euro and a tangible contribution coming from the initiatives launched at the beginning of the year Distressed Credit Division: strong progression in economic results also thanks to credit management generating very significant profit from closed distressed credit positions and investments driven by the dynamism of the Energy sector Direct Banking Division: solid...

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Waterproofing Membrane Market is Expected to Reach 42.85 Billion by 2028, Growing at 6.2% CAGR, Report by Fortune Business Insights™

Pune, India, Aug. 06, 2021 (GLOBE NEWSWIRE) — The global waterproofing membrane market size is set to gain momentum from the increasing investments by renowned companies in the development of eco-friendly products for green buildings, as conventional membranes can cause harm to the environment by releasing toxic chemicals. This information is given by Fortune Business Insights™ in a report, titled, “Waterproofing Membrane Market Size, Share & COVID-19 Impact Analysis, By Type (Liquid Applied and Sheet Based), By Application (Roofing, Walls, Building Structures, Landfills & Tunnels, and Others), and Regional Forecast, 2021-2028.” The report further states that the market stood at USD 27.17 billion in 2020. It is projected to grow from USD 28.05 billion in 2021 to USD 42.85 billion in 2028 at a CAGR of 6.2% during the forecast...

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Hoylu AB: Number of users increased 4% in July

Stockholm, Sweden, August 06, 2021 – Hoylu, a leader in visual collaboration solutions for distributed teams, today announced user numbers and Annual Recurring Revenue (“ARR)” as of the end of July 2021. The report for July 2021 is attached to this press release and is available on Hoylu’s web site: (https://www.hoylu.com/investor-relations/financial-reports/). For more information, please contact: Stein Revelsby, CEO at Hoylu +1 213 440 2499 Email: sr@hoylu.com Karl Wiersholm, CFO at Hoylu +1 425 829 2316 Email: kw@hoylu.com About Hoylu Hoylu’s visual collaboration technology empowers distributed teams to translate ideas into actions. Large enterprises as well as small and medium companies rely on Hoylu to run projects, programs, and initiatives across time zones and continents as seamlessly as when working in the same room. For...

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Interim Report Q2 2021

The Interim Report for the 2nd Quarter 2021 for A.P. Møller – Mærsk A/S is hereby enclosed. CEO of A.P. Møller – Mærsk A/S, Søren Skou, states: “The strong results benefited both from the exceptional circumstances in Ocean, where congestions and bottlenecks continued to drive up rates, and from solid progress in executing on our strategic transformation where we kept a firm focus on our customers need for integrated solutions across their supply chains. I am pleased with the strategic progress we have made and the high value generation. We continue to build a higher quality Ocean business with more long-term contracts, a rapidly growing logistics business, and a value creating terminals business. Our exceptional earnings and high cash flow enable us to further accelerate our transformation, invest in growing our activities,...

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Mika Vehviläinen selected as President and CEO of the Future Company as from completion of the merger between Cargotec and Konecranes

mika_vehvilainen_mika_vehvilainen_CARGOTEC CORPORATION, INSIDE INFORMATION, 6 AUGUST 2021 AT 9.00 AM (EEST) Mika Vehviläinen selected as President and CEO of the Future Company as from completion of the merger between Cargotec and Konecranes On 1 October 2020, Cargotec Corporation (“Cargotec”) and Konecranes Plc (“Konecranes”) announced that the boards of the companies had signed a combination agreement and plan to combine the two companies through a merger (the “Future Company”), subject to regulatory and other approvals (the “Transaction”). The Boards of Directors of Cargotec and Konecranes have agreed to select Mr. Mika Vehviläinen as the President and CEO of the Future Company, and the Board of Directors of Cargotec has made the appointment accordingly. The appointment of Mika Vehviläinen will become effective upon...

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Prosafe SE: Update on financial process – Conversion of convertible bonds

Reference is made to earlier information provided regarding Prosafe SE’s (“Prosafe” or the “Company“) ongoing financial process with its lenders, and in particular, the disclosure dated 4 June 2021, and following disclosures, regarding the refinancing and a proposed scheme of arrangement pursuant to section 210(1) of the Singapore Companies Act. Reference is further made to (i) the convertible bond agreement dated 9 September 2016, with ISIN NO 001 0771025, between the Company and Nordic Trustee AS (in its capacity as bond trustee on behalf of the bondholders) (the “First Bond Agreement” and the bonds the “First Convertible Bonds”) of which NOK 35,706,341 is currently outstanding and (ii) the convertible bond agreement between the Company and Nordic Trustee AS (in its capacity as bond...

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ING to redeem ING Perpetual Securities II and ING Perpetual Securities III

ING to redeem ING Perpetual Securities II and ING Perpetual Securities III ING announced today that it will redeem two series of outstanding perpetual securities: the €750 million ING Perpetual Securities II (NL0000113587) and the €1 billion ING Perpetual Securities III (NL0000116127), both on the optional redemption date of 30 September 2021. Due to the expiration of the grandfathering period effective 1 January 2022, the two series of perpetual securities would no longer qualify as grandfathered Additional Tier 1 capital. The two series of perpetual securities were part of an exchange offering in 2011, which reduced the outstanding principal amounts thereof to the current €432 million for the ING Perpetual Securities II and €563 million for the ING Perpetual III Securities. ING Groep N.V. will redeem all of the outstanding securities...

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ING posts 2Q2021 net result of €1,459 million

ING posts 2Q2021 net result of €1,459 million2Q2021 result before tax of €2,065 million; capital position strengthens to 15.7%• Growth in fee income of 18.3% year-on-year, especially in daily banking and investment products. Net interest incomedeclined due to liability margin pressure.• Net release of risk costs following an update of macroeconomic indicators. Expenses remained under control.• Shareholder distribution of €3,618 million after 30 September 2021. More customers choose ING as their primary bank; lending decreases• Primary customer base rose by 281,000 in 2Q2021 to 14.0 million.• Net core lending growth of €-3.7 billion in 2Q2021 due to repayments; improvement in lending margin. Net core depositsgrowth of €4.9 billion.  CEO statement“I’m...

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Lithium Mining Market to Hit USD 516.22 Million in 2028; Rising Electrification of Buses, Trucks, Cars, and Two Wheelers to Bolster Growth: Fortune Business Insights™

Key Companies Covered Lithium Mining Market Research Report are Jiangxi Ganfeng Lithium, Albemarle Corporation, Tianqi Lithium, Sociedad Química y Minera, Mineral Resources Limited, Pilbara Minerals, MC Corporation, Nemaska Lithium Inc., MGX Minerals Inc., Orocobre Limited Pty Ltd, Nordic Mining ASA, Wealth Minerals Limited, Galaxy Resources Limited, Lithium Americas Corp. Pune, India, Aug. 06, 2021 (GLOBE NEWSWIRE) — The global lithium mining market size is set to gain impetus from the increasing electrification of trucks, buses, two-wheelers, and three-wheelers. The International Energy Agency’s Global EV Outlook 2020 stated that in 2019, around 2.6% of electric cars were sold worldwide. It showcased a surge of 40% compared to 2018. This information is given by Fortune Business Insights™ in a report titled, “Lithium Mining Market,...

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